What will I learn from this course?

Requirements

Any body who wants understand The poverty trap is a mechanism.

Who is the target audience?

Any body who intrested in The poverty trap is a mechanism

Description

The poverty trap is a mechanism which makes it very difficult for people to escape poverty. A poverty trap is created when an economic system requires a significant amount of various forms of capital in order to earn enough to escape poverty. When individuals lack this capital, they may also find it difficult to acquire it, creating a self-reinforcing cycle of poverty.

About Tutor

Esther Duflo is a French economist, Co-Founder and Director of the Abdul Latif Jameel Poverty Action Lab (J-PAL), and Professor of Poverty Alleviation and Development Economics at the Massachusetts Institute of Technology.Duflo is an NBER Research Associate,serves on the board of the Bureau for Research and Economic Analysis of Development (BREAD), and is Director of the Center for Economic and Policy Research's development economics program.Her research focuses on microeconomic issues in developing countries,including household behavior, education, access to finance, health, and policy evaluation. Together with Abhijit Banerjee, Dean Karlan, Michael Kremer, John A. List, and Sendhil Mullainathan, she has been a driving force in advancing field experiments as an important methodology to discover causal relationships in economics.